TGS Baltic has advised KS Investicija on the sale of 45% of newly-issued shares in UAB VK Investicija to Swiss investor Marquess Global AG. VK Investicija is a holding company of AB Sparta, a former textile manufacturing company KS Investicija acquired in 2018. Sorainen advised Marquees Global on the deal.
The former Sparta factory in Vilnius is planned to be transformed into a technology campus.
Marquess Global AG is part of the Tesonet group, a cybersecurity and big data solutions company providing services in more than 70 countries worldwide.
The TGS Baltic team included Partners Marius Matonis and Dainius Stasiulis, Associate Indre Vickaite-Liatuke, and Junior Associate Julija Skardziute.
The Sorainen team included Partner Kestutis Adamonis, Counsel Asta Augutyte-Rapkeviciene, and Senior Associates Karolis Kunigelis, Edita Dauksiene, and Evaldas Dudonis.